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Red Leader --> George
This is a rather self regarding post, so please do excuse it if it appears so.
Notwithstanding the foregoing -
Red Leader was of the Spitfire and Hurricane breed but, as is I hope evident from my icon, the "Red" now refers to political persuasion. Stalinist, Menshevik, Bolshevik, Prague spring, etc references are however acceptable.
Back to the original article....
It appears that Mr Neison may be a director of a publicly quoted company (if indeed it is the same person).
http://www.candcgroupplc.com/about/board-and-management
Does that make a difference to how the "crime" should be viewed? Annual package of over €600,000. All of his biographical material online seems to include "he is a chartered accountant". If he values the title, should he not comply with the rules of the relevant institute and do the CPD?
(As a side issue, does a PLC director benefit from CPD? Presumably if he is not up to date, he will be found out very quickly and removed. )
George - your last entry
George, if people can come on here telling me and everyone else that they got 94% on their PE1, when that is not of the slightest use or ornament to anyone, then they can go on trading when insolvent.
You would have thought that HMRC and the Insolvency Service and Barclays would have launched an instrument to get the company struck off by now; they obviously don't give a monkeys.A bit like the dross that get on here and arrogantly state their examination results and how they are the Bentley Rollers of the Accountancy profession. The truth of the matter being that one would cross the road to avoid them.
As a man once said "It's all done in the best possible taste". I raise my mug of tea to you in salute.
LDC accounts?
Is that all that was filed George?
You are right! They are an abomination.
Will any action be taken under s.414 (4) ? NO
This is why we have a deficit! Completely useless civil servants.
This is just one example of of hundreds of thousands of incorrect accounts filed at companies house that show a complete lack of knowledge about accounts.
Is that important you ask? Well if you want to collect the right amount of tax then perhaps you need to start with the right figure in the computation?
If the basic accounts are wrong you can guarantee the tax is too.
If HMRC were serious about collecting tax they would have a look at the accounts? By my calculations (sample) about 40% filed are complete rubbish.
Most if which will have other basic tax errors, over claimed expenses, dividends, overdrawn loan accounts, fraudulent transactions, undeclared income. EASY money really......it does lead you to conclude that the deficit is really just political spin.....otherwise they would fix it?
Companies House
I am not sure why they exist. But the penalty regime doesn't take prisoners,doubled on a repeat offence , no concept of "reasonable excuse", or that if the mensiverary of 28th February in the real world is 28th March then the mensiversary of 31st January is 3rd March and not 28th February.
go get em George!
Go get em George!
Sounds like someone in law enforcement has put down their tea and is going through the motions?
CDP
I bet all the "Auditors" of the Banks and Building Societies fullfilled their CDP requirements.
Tell me what good did it do? Nothing!!
Why has the ICAEW taken no action? We all know the answer!!!
Does the ICAEW act for its members? I leave that to you!!!!!
Superb!
no share capital! No share capital note!
no accounting policies,should be reproduced verbatim? or other notes
the balance sheet required includes the notes applicable!
why does it not state abbreviated. Are they supposed to be the full set?
Whats the P&L for? Still not in statutory format.
What has happened with PAYE (as you say could be cash accounting or thinks they paid a bonus)
how about UITF40 in that case.
If not IR35 then why on earth pay all that extra payroll tax, bit late now though.
Clearly whoever is advising does not have a clue? If that's what the professional fees are for?
Clearly insolvent. Not that that makes a great deal of difference.
I bet HMRC accepted the same rubbish?
The amended accounts regulations state that a reason why the accounts needed amendment should be stated, but companies house don't know this.
I hope so
I would say that you, BK, also could do a better job with the accounts, but then I just don't have the information to form that opinion - no offense, just ignorance.
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I should hope so, cause ur granny could have done a better job!
cheeky whotsit! LOL